Headwater Capital Co Ltd Decreases Stock Holdings in H World Group Limited Sponsored ADR $HTHT

Headwater Capital Co Ltd trimmed its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 20.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 200,000 shares of the company’s stock after selling 50,000 shares during the quarter. H World Group accounts for about 1.4% of Headwater Capital Co Ltd’s holdings, making the stock its 14th largest position. Headwater Capital Co Ltd’s holdings in H World Group were worth $9,410,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of HTHT. Capital International Investors increased its position in shares of H World Group by 71.8% during the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock valued at $392,143,000 after acquiring an additional 3,483,760 shares during the last quarter. Kontiki Capital Management HK Ltd. purchased a new stake in shares of H World Group during the third quarter valued at approximately $96,804,000. Capitolis Liquid Global Markets LLC purchased a new stake in shares of H World Group during the third quarter valued at approximately $87,153,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of H World Group by 359.1% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,137,700 shares of the company’s stock valued at $44,495,000 after acquiring an additional 889,869 shares during the last quarter. Finally, True Light Capital Pte. Ltd. purchased a new stake in shares of H World Group during the fourth quarter valued at approximately $37,602,000. 46.41% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $50.96, for a total transaction of $1,612,374.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 49.40% of the company’s stock.

Analyst Ratings Changes

HTHT has been the subject of a number of research analyst reports. Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Wall Street Zen downgraded H World Group from a “buy” rating to a “hold” rating in a research report on Monday, June 8th. UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target for the company in a research report on Monday, March 9th. Weiss Ratings downgraded H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Finally, Benchmark increased their price objective on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, H World Group presently has an average rating of “Moderate Buy” and a consensus target price of $61.20.

H World Group Price Performance

Shares of NASDAQ HTHT opened at $43.35 on Wednesday. The stock has a fifty day simple moving average of $48.31 and a two-hundred day simple moving average of $49.47. H World Group Limited Sponsored ADR has a 1-year low of $30.41 and a 1-year high of $56.63. The firm has a market cap of $13.33 billion, a price-to-earnings ratio of 19.44, a price-to-earnings-growth ratio of 1.24 and a beta of 0.11. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. H World Group had a return on equity of 39.73% and a net margin of 19.22%.The business had revenue of $932.62 million during the quarter. Analysts anticipate that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current year.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.